Air Freight News
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Tesla plans to buy $1.9 billion worth of auto parts from India
Tesla Inc. is planning to source as much as $1.9 billion worth of auto components from India this year, according to the South Asian country’s…
Stellantis to invest $160 million in South Africa auto factory
Stellantis NV will invest 3 billion rand ($160 million) to develop a new vehicle manufacturing facility in South Africa with the country’s Industrial Development Corp.…
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US envoy says UK should seek ‘smaller things,’ not major FTA
The UK should set its sights below a “grand trade deal” with the US, said Jane Hartley, Washington’s ambassador in London, citing the election cycle…
No Chinese EV is cheaper in Europe than a cut-rate Renault model
The European Commission will find local manufacturers’ EVs among the cars in what it’s calling a race to the bottom.
EU escalates China tensions with probe to ward off cheap EVs
The European Union is launching an investigation into Chinese subsidies for electric vehicles in a bid to ward off a flood of cheap imports, an…
Rice falls further as Malaysia seeks to cut reliance on imports
Rice prices extended losses as buyers continued to juggle the fallout from India’s export restrictions, with Malaysia seeking to reduce its reliance on overall imports…
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WTO in survival mode pushes back on splintering global trade
Fragmentation of the global economy into separate blocs would be “extremely costly” and make the world a less stable place, the World Trade Organization said…
Poland to extend Ukraine grain-import ban, pressuring EU
Poland will extend its ban on imports of grain from Ukraine unless the European Union allows its own restrictions to stay in place beyond Friday…
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Simplifying Foreign-Trade Zones: A 5-Step Guide to Streamlined FTZ Management
Understanding the FTZ process is essential for any company considering utilizing this powerful tool.
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Brazil became the world’s top corn and soy exporter. Cotton is next.
Brazil is close to unseating the US to become the world’s biggest cotton exporter as Texas, America’s top producing region, buckles under searing heat and…